india business outlook 2011 greg o’connor principal commercial officer u.s. commercial service...
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India Business Outlook 2011
Greg O’ConnorPrincipal Commercial Officer
U.S. Commercial Service
U.S. Embassy, New Delhi
India Today
Source: Based on 2010 India Fact Sheet / CIA Fact File
7th largest country in the world
Most populous democracy in the world
71% of the population is under the age 35)
The Faces of India
“No problem, Sir” –
You have a problem
“Will be done in 5 minutes” - Better check the next day
“Almost done”. –
He'll get started now
The Head Bobble
Can you Count?? Lakh - 100 thousand
(1,00,000) Crore - 100 lakh
(10,000,000)
“No problem, Sir” –
You have a problem
“Will be done in 5 minutes” - Better check the next day
“Almost done”. –
He'll get started now
The Head Bobble
Can you Count?? Lakh - 100 thousand
(1,00,000) Crore - 100 lakh
(10,000,000)
The Language of IndiaThe Language of India
The Paradox of India
8-9% GDP growth
Per Capital GDP is $3400
Inflation of 11.7 %
Exports of $201 billion U.S. is Second Largest Export
Market - 12.59%
Imports of $327 billion U.S. is Second Largest Source of
Imports - 7.16%
Economic Environment
Your Firm Should be in India
Large and Growing Domestic Market
Stable Government
Sound Economic Fundamentals
Steady Economic Reform
165 M
4,183 per day
550 M
2,27,000 per day
750 M
20 million travelers per day
Consumer Growth
26,675 per day
1.4 M Liters per day
US-India Trade($ Billions)
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
2.53.8
56.1
8
10.1
17.618.7
16.4
19.2
10.3
11.813.1
15.6
18.8
21.8
24
25.8
21.2
29.5US Exports
Indian Imports
Key Growth Sectors
Energy Civil Aviation Defense Healthcare Telecommunications Infrastructure Services
India – Key Growth Sector
Energy Sector - Opportunities in Clean Energy; Renewable Energy; Oil & Gas
Civil Aviation - Procurement of over 1000 airplanes over the next 20 yrs
Defense - Largest global buyer at $60 billion over next 5-7 years.
India – Key Growth Sector
Healthcare Sector - Estimated at $50 billion.
Telecom Sector - Broadband Wireless/WIMAX opportunity of about $3 billion.
Infrastructure Sector - $1 trillion investment over the next 5 years in Power, Ports, Airports, Roads, etc.
Services Sector - In 2009, the services sector was valued at $680 billion
Out of 183 Countries, India Ranks:
Ease of Doing Business 134
Protecting Investors 44
Trading Across Borders 100
Enforcing Contracts 182
Ease of Doing Business
Source: World Bank 2011
Commercial Service India
50 Professional Staff in 7 Locations
Strategically Focused
Your Business Solution Provider
Let Us Help You
Services
Customized Matchmaking Services
Partner Searches Background Checks on Local
Companies Trade Missions and Events Advocacy Commercial Diplomacy
3 Ps (Preparation, Persistence and Patience) = SALES